Written Question·Treasury·UIN 72993
Electronic Funds Transfer: Fraud
Tabled: 29 August 2025
Answered: 4 September 2025
Question
John Whitby
Labour — Derbyshire Dales
To ask the Chancellor of the Exchequer, what steps she is taking to ensure that banks abide by the Payment Systems Regulator's new mandatory reimbursement framework and swiftly investigate cases of APP fraud.
Answer
Emma ReynoldsThe Government takes the issue of fraud very seriously and is dedicated to protecting the public from this appalling crime. The Payment Systems Regulator (PSR) is the independent regulator with responsibility for the Authorised Push Payment (APP) scam rei...
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